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Subsea 7 ( (GB:0OGK) ) has shared an announcement.
Subsea7 has secured a significant contract from Equinor for the Fram Sør development project offshore Norway, involving engineering, procurement, construction, and installation of subsea structures and flowlines. This contract, valued between $300 million and $500 million, strengthens Subsea7’s collaboration with Equinor and enhances its position in the offshore energy sector, with project activities set to commence immediately and offshore installations planned for 2026-2028.
The most recent analyst rating on (GB:0OGK) stock is a Buy with a NOK270.00 price target. To see the full list of analyst forecasts on Subsea 7 stock, see the GB:0OGK Stock Forecast page.
More about Subsea 7
Subsea7 is a global leader in delivering offshore projects and services for the evolving energy industry. The company focuses on creating sustainable value and is recognized as a partner and employer of choice in providing efficient offshore solutions worldwide. Subsea7 is listed on the Oslo Børs.
Average Trading Volume: 398,467
Current Market Cap: NOK58.21B
See more data about 0OGK stock on TipRanks’ Stock Analysis page.